Profit projections

Ford's earnings warning shows the truck sector is strong.  Electric vehicles could improve it.

Ford’s earnings warning shows the truck sector is strong. Electric vehicles could improve it.

Text size A Ford F150 Raptor. Scott Olson/Getty Images Ford engine Shares fell after the company changed – but did not cut – its profit forecast due to parts shortages and cost inflation. Investors reacted in disgust by selling the shares. But they may have missed a silver lining in Ford’s update (ticker: F): Investors …

Ford’s earnings warning shows the truck sector is strong. Electric vehicles could improve it. Read More »

Ford's big profit warning is very good news.  Ask Wall Street.

Ford’s big profit warning is very good news. Ask Wall Street.

Text size There’s a silver lining to Ford’s ugly update for the third quarter of 2022. Leon Neal/Getty Images Ford engine said a lack of parts and inflation would leave it with third-quarter operating profit well below consensus estimates. Still, Wall Street doesn’t seem all that worried Ford (ticker: F) or its peers. There are …

Ford’s big profit warning is very good news. Ask Wall Street. Read More »

The S&P 500 fell 5% in a very bad week for stocks.  Those 20 lost up to 24%.

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%.

US stocks spat on Friday to end the week in the red. The day’s declines of less than 1% for the broad indices paled in comparison to Tuesday’s, when they fell 4% to 5%. For the week, the Dow Jones Industrial Average DJIA was down 1,329 points (or 4.1%), closing Friday at 30,822. The benchmark …

The S&P 500 fell 5% in a very bad week for stocks. Those 20 lost up to 24%. Read More »